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Definition of Walrasian in English: Walrasianadjective Economics See Walras' law Example sentencesExamples - Schumpeter explicitly credits the equilibrium-based Walrasian system as a scientific foundation for economics.
- I show, much like Fisher did in the appendix to his 1907 book on the rate of interest, that it can be reduced to a timeless Walrasian model.
- He does not view modern finance as being Walrasian, that is, a theory of mutual determination of markets, real and financial.
- According to Montes, Smith was not a proponent of a mathematical-deductive method and he was certainly not a proponent of an embryonic form of Walrasian general equilibrium theory.
- In the Walrasian perspective, prices adjust and productive capacity is used at the optimal level under the prevailing price conditions (optimising without a demand constraint).
Definition of Walrasian in US English: Walrasianadjective Economics See Walras' law Example sentencesExamples - According to Montes, Smith was not a proponent of a mathematical-deductive method and he was certainly not a proponent of an embryonic form of Walrasian general equilibrium theory.
- I show, much like Fisher did in the appendix to his 1907 book on the rate of interest, that it can be reduced to a timeless Walrasian model.
- In the Walrasian perspective, prices adjust and productive capacity is used at the optimal level under the prevailing price conditions (optimising without a demand constraint).
- Schumpeter explicitly credits the equilibrium-based Walrasian system as a scientific foundation for economics.
- He does not view modern finance as being Walrasian, that is, a theory of mutual determination of markets, real and financial.
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